The Economist front page showing Bitcoin alongside major currencies has Twitter guessing

Twitter user @HKBelvedere recently published a cover of the British weekly The Economistaccompanied by the text:

β€œA few days ago another lurid cover of The Economist was published. Make of it what you want.β€œ

The cover shows a cartoon-style control panel with a lever front and center, while warning indicators read red or near red. Below the lever is the text “Regime Change”.

The addition of multiple Easter eggs, including a nod to Bitcoin, has Twitter speculating about the hidden messages being displayed.

Font: @HKBelvedere on Twitter.com

What is this Bitcoin?

A look at the files of The Economist does not show this particular cover. However, given the current macro picture, which includes escalating tensions in Eastern Europe, a strong dollar, and a flat crypto market, Twitter is awash in meaning for the front page.

@HKBelvedere he commented that the red dial pointing to a pound symbol, flanked by yen, dollar, Bitcoin, and euro signs, on either side “is interesting.” But no further comment was given on the matter.

The most obvious point of interest is that Bitcoin is represented at par with four major fiat currencies, including the reserve currency.

On September 26, the pound hit a record low of 1.04 against the dollar as the UK government announced massive tax cuts to stimulate a stalled economy.

The side effects of the “mini-budget” have sent UK government bonds plummeting, forcing the Bank of England (BoE) to step in with bond purchases to the tune of Β£5bn ($5.532bn). per day for 13 days to prevent a collapse.

According to Bitcoin Magazinethe latest on the matter sees the BoE double its bond purchases for an indefinite period.

golden bug Peter Schiff He commented that intervention has created more inflationary pressure and is “doomed to fail” as long-term bond yields must rise in line with rising inflation.

While “regime change” may be associated with Ukraine or Russia, given the precarious economic situation in the UK, it is speculated that the cover alludes to the ouster of newly elected Conservative Prime Minister Liz Truss following the disastrous “mini- budget”.

The Economist has form with “creepy” covers

Twitter sleuths have commented on less obvious Easter eggs. Referring to the dials above the lever, @ZeroSomeGame posted that it could mean 5 8 6 9, which may be related to a panic button that is normally installed to summon help.

@CryptoShadowOff linked the cover to comments made by Russian General Andrey Gurulyov, who, in June, said that London would be attacked first if World War III broke out.

The Economist was founded in 1843 and is considered a very influential publication. Over the years, some of his covers have accurately predicted future events, leading some to believe a connection to “insiders.”

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